Thursday 26 April 2018

Bahrain banking sector set for 12pc growth

Manama, June 2, 2013

Bahrain's banking sector is set to achieve a growth rate of 10 to 12 per cent in the coming three years, said Al Baraka Banking Group chairman and Union of Arab Banks board member Adnan Yousif.

The Kingdom ranks third after Saudi Arabia and the UAE in the volume of banking assets. It holds $300 billion of $3 trillion, representing the total volume of Arab banking assets, he added.

Yousif said Bahrain has the most diversified Islamic banking and financial institutions in the world, reports our sister paper Akhbar Al Khaleej.-TradeArabia News Service

Tags: Bahrain | banks | growth |

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